CEO Financial News

In its first major move for 2024, Edelman Financial Engines is expanding its presence in the Pacific Northwest and bolstering its network of financial planners.

Hyderabad: A voter turnout of 61.54 per cent was registered in the election to 17 Lok Sabha constituencies in Telangana on Monday, which went off peacefully.

Cairn Oil & Gas, one of the top private oil and gas exploration and production firms and an arm of Vedanta, aims to drill 20 exploration wells by 2025 targeting approximately 500 millions of barrels of oil equivalent (MMboe) gross unrisked prospective resources, the company said on Monday.

Air India is on track to finalize its merger with Vistara by the end of this year, with plans to commence the integration of over 7,000 employees starting in June, as reported by The Indian Express.

BTS, Blackpink & Twice, Hallyu culture and beauty standards have gradually become the talk of the town globally. K-beauty trends such as glass skin, sheet masks and the iconic ‘10 Step Skin Care’ have become the latest obsession among Gen Z beauty addicts.

immensely proud of the foundation that Bill and I built together, and of the extraordinary work it is doing to address inequities worldwide," Melinda said in a post on X. "I care deeply about the foundation team, our partners around the world, and everyone who is touched by its work.

LONDON — The boss of U.K. stock trading service Freetrade is stepping down and leaving the company with immediate effect, the company told CNBC exclusively Monday.

services platform Urban Company has clocked its maiden profit before tax (PBT) for the month of April this year, cofounder and chief executive Abhiraj Singh Bhal, said in a post on X, earlier known as Twitter, on Monday.

Paying all your bills using a credit card can offer numerous financial benefits, especially when the idea is to keep a track of your expenses and building a strong financial records for good credit score. Some people despite having multiple credit cards don’t make use of them. They continue to hold the cards without making any transactions. They are either afraid of bigger bills or they feel that they will pay a higher amount if they start using credit cards for all their transactions. However, this is not true at all.

Like legions of disgruntled former employees who preceded him, Howard Schultz took to LinkedIn last week to complain about what had gone wrong at his old company. Without naming names, the former Starbucks CEO—who all but founded the coffee chain—slagged his successor, writing that after such a significant quarterly earnings miss, “there must be contrition" and that the company should “own the shortcoming without the slightest semblance of an excuse." Schultz has a point.

The Pudgy Penguins nonfungible token (NFT) project has achieved a remarkable milestone, with more than one million Pudgy Penguin toys sold over the past 12 months.

Tether CEO Paolo Ardoino fired back at Ripple after the company’s CEO alleged the US government is going after USDT.

UPL expects to return to growth path in the ongoing financial year, normalisation in margins driven by agchem market returning to normality, the company said in its investor presentation on Monday.

HYBE has now become controversy’s favourite child. The K-pop titan, which has been in the news for its ongoing feud with Min Hee Jin, the CEO of one of its labels ADOR, is now embroiled in a new scandal!

GriffinAI, launched in Switzerland by crypto veteran Oliver Feldmeier, aims to enhance AI Agents capabilities by integrating them into a secure, decentralized network. The project’s first set of agents focus is on improving DeFi experiences via advanced AI agents like ELANN.AI. Upcoming steps include a mainnet launch and the release of a technical whitepaper on May 15.

Mint spoke to Saugata Gupta, MD & CEO, Marico Ltd, on the company’s plans to improve top-line in the coming quarters—after successive price cuts in its Saffola edible oil portfolio impacted revenues. The company has also announced investments to ramp up direct distribution in a move to reach more rural markets. It is working on expanding its food distribution.

Tata Sons chairman N Chandrasekaran will also assume the role of chairman, Tata Electronics, at a time when the Tata group company has earmarked about $14 billion in investments to spearhead its entry into the semiconductor business. Chandrasekaran will take over from Banmali Agrawala who has held the post for the last few years. Chandrasekaran who is already chairman of many key Tata group companies will take charge after requisite regulatory approvals. Agrawala, a key Tata Sons aide, has taken on an advisory role recently in the group. Chandrasekaran's role as chairman is seen as significant as it signals the importance of the semiconductor business to the conglomerate, say insiders.

Business Insider, prompting it to invest $16 million in French AI startup Mistral AI that rivals OpenAI. Microsoft is also building its own AI model, MAI-1, says The Information. This team is led by Mustafa Suleyman, former CEO of Google’s DeepMind and AI startup Inflection before Microsoft acquired Inflection for $650 million.

In a few years, autonomous artificial-intelligence “agents" could be performing all sorts of tasks for us, and may replace entire white-collar job functions, such as generating sales leads or writing code. Unlike basic chatbots we use today, these entities can venture out in the digital world and do things in our stead.

ISRO Chairman S Somanath has said the Indian space industry is offering a tremendous opportunity to the private sector in the country as a new area of growth and development. He said the union government envisages the space sector in the country to become a 9 to10 billion dollar industry in the next 5-10 years from the current levels of 2 billion dollars. Somanath was speaking after unveiling the carbon reduction initiative of SFO Technologies, the flagship company of the NeST Group, in a function on Saturday, a company release said. He also said that 400 private sector companies have benefited from the technology developed by ISRO for its various missions. Companies like SFO Technologies are well positioned to take further advantage of the new policy initiatives in the space sector by the government of India.

Voting for the fourth of Lok Sabha polls will be held on Monday for eight seats in Madhya Pradesh where BJP's sitting MP Shankar Lalwani is in the fray from Indore and Congress strongman Kantilal Bhuria from Ratlam. Of the total 29 seats in MP, polling is over in 21 in the first three phases of the general elections. On Monday, polling will be held in the ST-reserved constituencies of Ratlam, Dhar and Khargone, SC-reserved seats of Dewas and Ujjain, and Mandsaur, Indore and Khandwa. Voting will take place from 7 am to 6 pm for which 18,007 polling stations have been set up in the eight constituencies, as per officials.